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Cryptopolitan 2019-12-06 23:19:24

Blockchain-based bonds: Bank of China issues $2.8 billion in blockchain-based bonds

The Bank of China has issued 20 billion Renminbi ($2.8 billion) in blockchain-based bonds for small and micro-sized companies possessing their own blockchain platforms. Chinese Bank follows Santander in issuing blockchain-based bonds This Friday, one of the four major commercial banks in China, the Bank of China, announced that it is issuing billion in blockchain-based bonds to support small and micro-sized companies. The bank announced that it had completed the process of pricing and issuing bonds this week. The bank revealed that the two-year bond would have a 3.25% coupon rate as the bank hopes to support these enterprises by

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